- The gold market appears to be at a critical juncture that could determine whether prices are headed back to all-time highs or falling into a new long-term bear market, according to one market analyst.
Although gold prices have recently dropped from January's nine-month high, they are still at the upper end of the broader consolidation channel. Felder's analysis noted that January's rally would be the third test of broader resistance around the $2,000 level. "Because the longer inflation remains elevated and the Fed remains behind the curve, the greater the chance of a breakout versus a breakdown.
Unfortunately golds doing little as it usually does. The dollar is looking stronger lately. All conversation without movement is garbage, wasted time, and lately has been a waste of my money.
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